Oireachtas Joint and Select Committees

Thursday, 11 December 2014

Public Accounts Committee

Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013

10:30 am

Photo of Áine CollinsÁine Collins (Cork North West, Fine Gael) | Oireachtas source

It seems unusual that we are talking about the credit unions today and their representative body is not here. I just wanted to make that observation.

The witnesses said that 50% of credit unions have assets of less than €20 million and that such credit unions face a difficult challenge if they are to continue with their existing business model. What are the views of the witnesses on the future for credit unions?

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